Latinos are the drivers of American homeownership growth, with new Latino households accounting for 40 percent of U.S. household growth in 2014. The most significant barrier keeping Hispanics from participating in homeownership is limited access to mortgage credit. As a response to this problem, NAHREP corporate member VantageScore Solutions introduced an alternative model to traditional FICO credit scoring. VantageScore stresses its model, which is being considered by Fannie Mae and Freddie Mac, casts a wider-net of bill-payment history and also can generate a credit score for those with thin credit profiles. Alternative models would prove beneficial to non-traditional borrowers like Latinos. Read more on the issue and NAHREP CEO Gary Acosta’s comments here.